News & Events

The Firm recently represented Kohlberg Kravis Roberts & Co. (“KKR”) in connection with its equity investment in Saba Infraestructuras, S.A., a leading parking and logistics company. Saba Infraestructuras, S.A. manages 195 car parks across 80 cities and towns in Spain, Italy, Chile, Portugal, France and Andorra, and operates a network of 10 logistic parks across Spain. KKR joined an existing consortium of investors consisting of Criteria CaixaHolding, the leading savings bank in Spain, Torreal, one of the largest private investment firms in Spain, and ProA Capital, the Spanish mid-market private equity firm.  The transaction is expected to close in December 2011.  The investment represents KKR’s third significant European infrastructure investment.

The Simpson Thacher team included: Wim de Vlieger and Federico Fruhbeck (M&A); David Vann and Étienne Renaudeau (Antitrust); and Meredith Jones and Danny Salinas (Tax).